Through an experiment, we investigate how the level of rationality relatesto concerns for equality and efficiency. Subjects perform dictator games anda guessing game. More rational subjects are not more frequently of the selfregardingtype. When performing a comparison within the same degree of rationality,self-regarding subjects show more strategic sophistication than othersubjects.

Fecha de publicación:

26-11-2012

Materia(s):

Business Economics and Industrial Organizationsteps of reasoningother-regarding preferences